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tracy: and tax alcohol by the gallon. this is taxed on price? >> it is and the bottom line is the alternative to having tax and regulated market is a criminal market in marijuana and we have found a solution by taking marijuana out of the black market, putting it behind the counters and creating a new industry that is growing across the country, paying tens if not hundreds of millions in taxes, thousands of good paying jobs and contributing to their local communities which is something that our competition in the black market isn't doing. tracy: i am not sure what jobs they are associated with. and won't even act. are you worried the price will go up if you tax this more? that is what will happen if the tax is based on the price of the marijuana. >> we will see a slight increase temporarily but it is important to remember in colorado for example market-based is also going to increase significantly. currently, only seriously ill patients in colorado can obtain marijuana legally. after jan. first any adult over 21 and we will see the market scale,
tracy: and tax alcohol by the gallon. this is taxed on price? >> it is and the bottom line is the alternative to having tax and regulated market is a criminal market in marijuana and we have found a solution by taking marijuana out of the black market, putting it behind the counters and creating a new industry that is growing across the country, paying tens if not hundreds of millions in taxes, thousands of good paying jobs and contributing to their local communities which is something...
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and you have to ask yourself why, because they're being taxed to death, and we're demonizing success in this country. so if there's takeaway from this poll, it's that the american people do feel threatened on a daily basis, and we are at risk of one day losing that superpower, but we're not really close to that yet. >> sandra puts her finger on a good point. a decade ago in china talking to an entrepreneur, and he says when the chinese goth knocked on our door, it was to tell us what we're doing wrong, now it's to ask how can we help. when government knocks on a business' door, it's to tell them what they're doing wrong. cheryl: rich, i wonder if this is why the administration has been tap dancing around the china issue for the last five years. >> well, look, you know, it's not been a great economic run in this country, and it's easy to see why people might be feeling pessimistic, but china might want to kill for our demographic problem over theirs. what we spend on military, our aging, our system of law, we've got a lot of advantages that even if they do take us over when it comes t
and you have to ask yourself why, because they're being taxed to death, and we're demonizing success in this country. so if there's takeaway from this poll, it's that the american people do feel threatened on a daily basis, and we are at risk of one day losing that superpower, but we're not really close to that yet. >> sandra puts her finger on a good point. a decade ago in china talking to an entrepreneur, and he says when the chinese goth knocked on our door, it was to tell us what...
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deduction or tax benefit in connection with this payment. so that is what is in the agreement. often as is the case here in addition to agreeing what is in their agreement it is important to note what is not in theywn agreement. there is no immunity from prosecution for any person as i mentioned. as i said, this agreement does not have any binding effect on any individuals at all charged or uncharged so while the agreement may and the prosecution of the companies with respect to individuals at this hedge fund or countless other financial institutions to buy and sell securities, we will continue to pursue insider-trading investigations and follow the facts wherever they lead an investigation on the criminal side remains ongoing. as i said just about four years ago at the time of our first major insider-trading arrest, grade sometimes is not good, and there are at least 75 convicted insider-trading defendants who today would likely agree, but individual guilt is not the whole of our mission. sometimes institutions needs to be held accountable
deduction or tax benefit in connection with this payment. so that is what is in the agreement. often as is the case here in addition to agreeing what is in their agreement it is important to note what is not in theywn agreement. there is no immunity from prosecution for any person as i mentioned. as i said, this agreement does not have any binding effect on any individuals at all charged or uncharged so while the agreement may and the prosecution of the companies with respect to individuals at...
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Oct 31, 2013
10/13
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thus is the case for the gasoline tax throughout the united states. adam: couldn't make it a dedicated tax? >> politicians will not abide the dedication. turnpike authority is a separate corporation that owns the turnpike. adam: right. >> so the politicians can't steal that money without commiting a crime. adam: that never stopped them. >> but here's the point. this is just a revenue-generating mechanism. first the government says use more efficient cars. so we go to more efficient cars. government says we have to find another way to tax you because more efficient cars using less fuel. adam: discussion about puting a device in the car that would read mileages you drive and track you essentially. could you fill out, my odometer said this and end of the year said this and charge you based on that? >> yes you could. the device is more insidious than that. it not only reads amount of gas you wouldn't, reads where you went, and reads how long you idled. reads how fast you went. reads whether you came to a complete stop at stop sign. you want to get a ticke
thus is the case for the gasoline tax throughout the united states. adam: couldn't make it a dedicated tax? >> politicians will not abide the dedication. turnpike authority is a separate corporation that owns the turnpike. adam: right. >> so the politicians can't steal that money without commiting a crime. adam: that never stopped them. >> but here's the point. this is just a revenue-generating mechanism. first the government says use more efficient cars. so we go to more...
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Oct 31, 2013
10/13
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their insurance is getting canceled, they're losing their doctors, premiums are going up, taxes are going up, deductibles are going up, they are losing work, losing wages, losing hours. that can be directly linked to him and it has already begun, that line he told us to acute and direct paint the america people i think you will see the poll numbers fall even further. dagen: frankly in the speech yesterday he seemed to say you lost your insurance, get over it, by better insurance. the political calculus seems to be this applies to 5% of the population or less. it is negligible. we don't care, get over it. other people will not feel like they were lied to. >> i don't think he cares much, you guys. he's not running for reelection again. connell: you've got to care about health care. that's his thing. >> but he does to the big picture. nationalizing won six of the economy from a socialist point of view, that is what it is all about. he was never that interested in the minutia. connell: this interview has been way too easy for monica. i want to ask one question to make a somewhat uncomfortable
their insurance is getting canceled, they're losing their doctors, premiums are going up, taxes are going up, deductibles are going up, they are losing work, losing wages, losing hours. that can be directly linked to him and it has already begun, that line he told us to acute and direct paint the america people i think you will see the poll numbers fall even further. dagen: frankly in the speech yesterday he seemed to say you lost your insurance, get over it, by better insurance. the political...
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Oct 30, 2013
10/13
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going to be that most people will find their insurance covers more and is more affordable after the tax credit than it was in 2013. but there will certainly be large numbers of individuals who will experience a negative change. and that is who we will hear from. adam: we appreciate your insight. he was a director of the messages of exchange so thank you very much. >> sure, my pleasure. nicole: it is a busy day in boston today. presidential visit hours before the red sox host the st. louis cardinals in game six. fox news live in fenway park. molly. >> a very exciting day in the city. there is a bit of a pile on for city leaders, first responders, the police who have to handle all of this. game six of the world series at historic fenway park behind me. the president also a town speaking from the one of the most historic venues in the city as well. and it is halloween eve. now we haven't seen a lot of people in costume today, but we haven't seen too much of the security set up outside of fenway park just yet. they are allowing the cars to get by. all of that will change later on tonight be
going to be that most people will find their insurance covers more and is more affordable after the tax credit than it was in 2013. but there will certainly be large numbers of individuals who will experience a negative change. and that is who we will hear from. adam: we appreciate your insight. he was a director of the messages of exchange so thank you very much. >> sure, my pleasure. nicole: it is a busy day in boston today. presidential visit hours before the red sox host the st. louis...
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Oct 29, 2013
10/13
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cheryl: affordability, taxes. that helps. thank you. appreciate it. dennis: new media minute it is time for the killing fields, the big broadcast networks, three weeks into the new tv season contest nbc yesterday killing of a remake of the old ironsides and welcome to the family, an unwelcome rip-off of abc's modern family. this follows the first two shows of the new season, disney abc's lucky 7 which wasn't much the paula and cbs's an underrated we are men. variety says, next casualties, the drama hostages. sean saves the world and abc's the trail sunday night and said, the neighbor on abc. microsoft, google, facebook, the new quote the monster could be ready to kill and surf the internet. announcing the new system to track and harness user data. google's facebook working on schemes of their own. stake of the $150 a year online at business. cookies don't work well on mobile. cheryl: look all the tv shows, they really kind of stock now. dennis: is unfortunate because if you wait longer you might have some luck. cheryl: cookies don't forget cookies. ti
cheryl: affordability, taxes. that helps. thank you. appreciate it. dennis: new media minute it is time for the killing fields, the big broadcast networks, three weeks into the new tv season contest nbc yesterday killing of a remake of the old ironsides and welcome to the family, an unwelcome rip-off of abc's modern family. this follows the first two shows of the new season, disney abc's lucky 7 which wasn't much the paula and cbs's an underrated we are men. variety says, next casualties, the...
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this will be a big tax-and-spend boondoggle for the american people. sure enough, connell, we found out it was much worse than we ever anticipated. i think governoo christie, don't take away anything he has done in new jersey. he is a remarkable governor in a blue state. leadership during superstorm sandy is something to be commended but i think when you look at a national ticket and look at primary process, look at conservative party right now i don't think governor christie, he might prove us all wrong i don't think he is necessarily going to be the guy that will make it through a primary process. connell: look at electoral college math, people say i can't believe you're talking about, this governor's race and fast forwarding to 2016, what is your argument for somebody like a cuccinelli if he wins the primary? it will not be him necessarily running for president but somebody from that background wins the primary, how does he win? have you seen the math that shows you he can win nationally. >> politics is always about addition rather than subtract shu
this will be a big tax-and-spend boondoggle for the american people. sure enough, connell, we found out it was much worse than we ever anticipated. i think governoo christie, don't take away anything he has done in new jersey. he is a remarkable governor in a blue state. leadership during superstorm sandy is something to be commended but i think when you look at a national ticket and look at primary process, look at conservative party right now i don't think governor christie, he might prove us...
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Oct 28, 2013
10/13
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counties in my congressional district which i doubt have any homes valued at 700,000 on the county tax roles. >> in last 30 seconds you need cooperation from the senate, legislation out of the senate, the banking committee is looking at this. passed an fha reform bill and need help from the white house. what are the prospects of bipartisan fha reform and gse, fannie, freddie reform? >> relatively speaking i'm more optimistic about those prospects than other prospects. clearly the senate seems to be moving in that direction. the white house indicated they're interested. we passed a bill out of the committee, we hope to get it to the floor soon, in order to be a member of congress you have to be an optimist. >> chairman hensarling, house financial services committee. thanks for joining us. we'll be watching this. lori, adam, we'll stay here a few more minutes and do an additional series of questions for the chairman for five more minutes. post exclusively to the website, foxbusiness.com. look for that on the website a bit later. back to you. lori: peter barnes thanks for bringing us that
counties in my congressional district which i doubt have any homes valued at 700,000 on the county tax roles. >> in last 30 seconds you need cooperation from the senate, legislation out of the senate, the banking committee is looking at this. passed an fha reform bill and need help from the white house. what are the prospects of bipartisan fha reform and gse, fannie, freddie reform? >> relatively speaking i'm more optimistic about those prospects than other prospects. clearly the...